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Author Topic: Satoshi has how many Bitcoins?  (Read 8700 times)
ThePanCakeKid95 (OP)
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December 07, 2013, 08:39:04 PM
 #1

In this video I discus how many bitcoins satoshi is believed to own. I also go into how he mined these coins and talk about why I think they will never be spent.

Enjoy Smiley

Video: http://youtu.be/AWtNeaZxT54
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December 07, 2013, 08:50:35 PM
 #2

Thanks for the link.

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December 07, 2013, 08:55:41 PM
 #3

Nice Smiley

{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
ThePanCakeKid95 (OP)
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December 07, 2013, 09:10:07 PM
 #4

Well thank you very much Smiley
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December 07, 2013, 09:46:09 PM
 #5

Nice one but how about posting the links of the sources of everything you mention in the video. Some are very interesting stuff and i want to look deeper into them.
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December 07, 2013, 09:47:04 PM
 #6

Has satoshi more bitcoins than there are threads about how many bitcoins satoshi has?


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December 07, 2013, 09:48:05 PM
 #7

Has satoshi more bitcoins than there are threads about how many bitcoins satoshi has?
One day there will be more threads about Satoshi's Bitcoins than there are Bitcoins. Roll Eyes

Yeah, well, I'm gonna go build my own blockchain. With blackjack and hookers! In fact forget the blockchain.
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December 07, 2013, 09:49:35 PM
 #8

Has satoshi more bitcoins than there are threads about how many bitcoins satoshi has?
One day there will be more threads about Satoshi's Bitcoins than there are Bitcoins. Roll Eyes
And more threads about who is Satoshi than satoshis:)


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ThePanCakeKid95 (OP)
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December 07, 2013, 10:40:30 PM
 #9

So excited everyone likes the video, I'll go back and add sources
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December 07, 2013, 11:00:58 PM
 #10

Offtopic: The christmas socks rock!
Ontopic: 980.000!!!!??? Woosh
ThePanCakeKid95 (OP)
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December 08, 2013, 12:54:45 AM
 #11

lol funny Tongue but yea it's crazy that he has so many
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December 08, 2013, 01:09:10 AM
 #12

One wallet with 980.000 BTC might just be a time bomb.

BTC to the moon!
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December 08, 2013, 01:23:37 AM
 #13

yea but you also have to realize satoshi was very big about having a different address for each block reward, hints why we see a lot of 50BTC wallets
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December 08, 2013, 02:16:13 AM
 #14

One wallet with 980.000 BTC might just be a time bomb.

There is no BTC wallet with 980K coins. The richest wallet contains 144,341 BTCs and is tagged as DPR Seized Coins.

In my opinion, Satoshi is not possessing a large number of coins. He created the BTC for ideological reasons. Stashing up a large number of coins will be against his morals.
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December 08, 2013, 02:25:25 AM
 #15

One wallet with 980.000 BTC might just be a time bomb.

There is no BTC wallet with 980K coins. The richest wallet contains 144,341 BTCs and is tagged as DPR Seized Coins.

In my opinion, Satoshi is not possessing a large number of coins. He created the BTC for ideological reasons. Stashing up a large number of coins will be against his morals.  DO NOT POST SESC LINKS
I find it hard to believe that Satoshi would not obtain at least a few examples of his own work, at least in celebration of his accomplishments and the potential for them to take off. A man has to take pride in his work. I'm not necessarily implying he has tons of bitcoins but I'd be surprised if he didn't have at least a few.
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December 08, 2013, 05:13:58 AM
 #16

Yea, but if he still had the keys, it would be a temptation, how would he handle that when he knows the amount of money could feed every hungry person in the world? it's too much temptation, that's my .02 cents
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December 08, 2013, 05:18:53 AM
 #17

The world will not know who Satoshi is until his will is read.  I expect he will leave his bitcoins to someone.
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December 08, 2013, 05:33:02 AM
 #18

Does anybody here knows how many coins were premined?
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December 08, 2013, 06:21:39 AM
 #19

Satoshi did not premine this coin per say, what you have to realize is at first Satoshi was the only person on the project, then slowly people found out about bitcoin and joined him. I also find it hard to believe he would leave it in a will, even after he is dead the media would be able to tear every aspect of his life apart. I could only possibly entertain the idea that he would transfer the coins to someone maybe lol
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December 08, 2013, 07:04:41 AM
 #20

Does anybody here knows how many coins were premined?

None. The mining started on January 01, 2009. Not a single coin was not mined before that date. And dozens of people started mining on January 01, so we are sure that nothing immoral happened.
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